Webinar recording from April 16, 2025. In the evolving automotive retail industry, artificial intelligence and machine learning are not just technological advancements—they are a strategic imperative for dealerships seeking to transform their operations. Lotlinx GM of Product and Technology Lance Schafer will deliver a comprehensive exploration of how AI and ML are fundamentally reshaping the…
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🗞️ Industry roundup: FROM WARDSAUTO: Dealers brace for BEV, tariff price crunch U.S. auto dealers are anticipating significant price increases due to the 25% tariffs on imported vehicles and parts, which could raise average transaction prices by $6,000 for imported models and $3,000 for U.S. built vehicles. In March, new-vehicle sales surged to 1.59 million…
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Data shows price pressures and aging carryover inventory increases, while Lotlinx customers maintain a competitive edge through strategic inventory management DETROIT, April 16, 2025 (GLOBE NEWSWIRE) — Lotlinx, the auto industry’s leading VIN-specific data company for dealership inventory management, announced today its Q1 2025 Quarterly Vincensus Report, the most comprehensive monthly/quarterly inventory report in the industry. The report…
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🗞️ Industry roundup: FROM REUTERS: U.S. first-quarter auto sales get a lift from looming Trump tariffs U.S. auto sales rose 4.8% in the first quarter to approximately 3.91 million units, driven by strong demand for pickup trucks and SUVs. General Motors led the market with a 17% increase in sales, fueled by popular models like…
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The automotive technology company plans to reconnect with automotive dealers, OEMs, & industry leaders at its first in-person event post-pandemic. LotLinx the automotive industry’s leading inventory marketing technology company, announced today its participation in the bi-annual Digital Dealer Conference & Expo. The 2.5-day hybrid event will bring together the industry’s most forward-thinking dealerships, OEMs, and…
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Similar to legislators and tech giants, LotLinx understands the privacy concerns associated with cookie data and has ensured its audience and ad targeting platform operates free of the tracking technology. THE CASE AGAINST COOKIES There are a number of key factors that outline the industry’s – and the LotLinx product’s – shift away from cookie…
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The automotive technology company announces it’s participation in the Michigan automotive group’s non-profit foundation, U CAN-CER VIVE LotLinx, the automotive industry’s leading inventory marketing technology company, announced today their support of the U CAN-CER VIVE Foundation, which aims to provide vital funding for cancer research to uncover more about how to detect, treat, prevent, and…
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FROM KELLEY BLUE BOOK: Car Shopping This Memorial Day? You’ll Need a New Strategy The government’s proposed plan would put serious emphasis on U.S.-based EV production, consumer rebates, expanding charging stations, and electrifying transit vehicles. Read More FROM CAR AND DRIVER: Ford F-150 Lightning Pro Brings Electric Truck’s Capabilities to Work, Fleets The truck’s…
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FROM REUTERS: Biden Pitches $174 Billion EV Plan in Michigan The government’s proposed plan would put serious emphasis on U.S.-based EV production, consumer rebates, expanding charging stations, and electrifying transit vehicles. Read More FROM CNBC: Chip Shortage Expected to Cost Auto Industry $110 Billion in Revenue in 2021 Analysts now believe the financial impact…
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FROM AUTOMOTIVE NEWS: With a SAAR This Hot, Who Needs Big Incentives? April inventory levels hit a record low 33-day supply, causing incentive spending per vehicle to drop 25% year over year. On average, dealers only spent $3,239 per unit on incentives last month. Read More FROM WARDS AUTO: Consumer Preferences Shifting Amid Pandemic…
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